bls.gov:feed:prod3Multifactor Productivity Trends"The Multifactor Productivity Trends (PROD3) release presents data on multifactor productivity in the private business and private nonfarm business sectors. Multifactor productivity measures the change in output per unit of combined capital and labor. Preliminary multifactor productivity trends are published for the most recent year approximately two months after the initial release. For more information, visit the Multifactor Productivity home page at www.bls.gov/mfp/."2020-03-24T10:00:00-05:00https://www.bls.gov/images/bls_emblem_lrg.gifhttps://www.bls.gov/favicon.icoBureau of Labor Statistics Publicationshttps://www.bls.govUS Bureau of Labor StatisticsMultifactor productivity increases 0.9% in 2019, following the same increase in 2018prod3-2020_03_24__09_21_09In both 2019 and 2018, multifactor productivity grew at a 0.9 percent annual rate in the private nonfarm business and private business sectors. 2020-03-24T09:21:09-04:002020-03-24T10:00:00-04:00News ReleaseMultifactor productivity increases 1.0% in 2018, following a 0.4% increase in 2017 prod3-2019_03_20__09_36_13In 2018 multifactor productivity grew at a 1.0 percent annual rate in the private nonfarm business and private business sectors. In both sectors, multifactor productivity grew at a faster rate than in 2017. 2019-03-20T09:36:13-04:002019-03-20T10:00:00-04:00News ReleaseMultifactor productivity increases 0.9% in 2017, following a 0.6% decrease in 2016 prod3-2018_03_21__09_20_06In 2017 multifactor productivity increased 0.9 percent in the private nonfarm business sector and 0.8 percent in the private business sector. In both sectors, the increase in multifactor productivity followed decreases in 2016. 2018-03-21T09:20:06-04:002018-03-21T10:00:00-04:00News ReleaseMultifactor productivity decreases 0.2% in 2016, first decline since 2009prod3-2017_03_30__09_19_40In 2016 multifactor productivity decreased at a 0.2 percent annual rate in the private nonfarm business sector and 0.1 percent in the private business sector. In both sectors, multifactor productivity declined for the first time since 2009.2017-03-30T09:19:40-04:002017-03-30T10:00:00-04:00News ReleaseMultifactor productivity increases 0.2% in 2015, slower growth rate than in 2014prod3-2016_05_05__10_00_18In 2015 multifactor productivity grew at a 0.2-percent annual rate in the private nonfarm business and private business sectors. In both sectors, multifactor productivity grew at a slower rate than in 2014.2016-05-05T10:00:18-04:002016-05-05T10:00:18-04:00News ReleaseMultifactor productivity increases 0.7% in 2014, faster growth rate than in 2013prod3-2016_03_24__10_00_24In 2014 multifactor productivity grew at a 0.7 percent annual rate in the private nonfarm business and private business sectors. In both sectors, multifactor productivity grew at a faster rate than in 2013.2016-03-24T10:00:24-04:002016-03-24T10:00:24-04:00News ReleaseMultifactor productivity increases 0.8% in 2014, slower growth rate than in 2013prod3-2015_06_23__10_00_58In 2014 multifactor productivity grew at a 0.8 percent annual rate in the private nonfarm business sector and 0.6 percent in the private business sector. In both sectors, multifactor productivity grew at a slower rate than in 2013.2015-06-23T10:00:58-04:002015-06-23T10:00:58-04:00News ReleaseMultifactor productivity increases 0.9% in 2013, faster growth rate than in 2012prod3-2015_03_26__10_00_49In 2013 multifactor productivity grew at a 0.9 percent annual rate in the private nonfarm business sector and 1.1 percent in the private business sector. In both sectors, multifactor productivity grew faster than in 2012.2015-03-26T10:00:49-04:002015-03-26T10:00:49-04:00News ReleaseMultifactor productivity increases 0.3% in 2013, slower growth rate than previous yearprod3-2014_07_09__10_00_38In 2013 multifactor productivity grew at a 0.3 percent annual rate in the private nonfarm business sector and 0.7 percent in the private business sector. In both sectors, multifactor productivity grew considerably slower than in 2012.2014-07-09T10:00:38-04:002014-07-09T10:00:38-04:00News ReleaseMultifactor productivity increases 1.5% in 2012, faster growth rate than 2011 prod3-2014_04_03__10_00_57Multifactor productivity grew at a 1.5 percent annual rate in the private nonfarm business sector and 1.4 percent in the private business sector in 2012. In both sectors, multifactor productivity grew faster than in 2011.2014-04-03T10:00:57-04:002014-04-03T10:00:57-04:00News ReleaseMultifactor productivity increases 0.9% in 2012, second straight year of modest growthprod3-2013_07_19__10_00_51In 2012 multifactor productivity grew at a 0.9 percent annual rate in both the private nonfarm business sector and the private business sector. This is the second straight year of modest multifactor productivity growth.2013-07-19T10:00:51-04:002013-07-19T10:00:51-04:00News ReleaseMultifactor productivity increases 1.4% in 2012, faster growth rate than previous year prod3-2013_06_28__10_00_51In 2012 multifactor productivity grew at a 1.4 percent annual rate in both the private nonfarm business sector and the private business sector. In both sectors, multifactor productivity grew faster than in the previous year.2013-06-28T10:00:51-04:002013-06-28T10:00:51-04:00News Release